Hub Group announced a joint venture with Mexico’s largest intermodal carrier, EASO.

Investment firm Alta Fox has joined some of Forward Air’s other investors that are calling on the expedited trucking company to consider a sale following its controversial acquisition of Omni Logistics.

Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.

Radiant Logistics announced its seventh acquisition in the past year on Wednesday, acquiring operating partner Focus Logistics.

Universal Logistics said the $194 million acquisition of rail terminal operator Parsec will be immediately accretive to earnings.

There was no change in transportation capacity during September. That, coupled with further growth in pricing, signals the freight market may finally be climbing out of a prolonged downturn, a survey of supply chain executives showed.

A Wednesday court filing showed bankrupt Yellow Corp. will begin accepting indications of interest for its remaining terminals next week with the hope of closing the property sales in January.

Third-party logistics provider HTL Freight announced it has acquired CTS Logistics.

Freight factoring platform Outgo said a recent $15 million funding round has allowed it to ramp funding speeds to carriers.

A Delaware bankruptcy court denied a request to stay the deposition of Teamsters union leader Sean O’Brien regarding his involvement in failed negotiations with Yellow Corp. last year.

Container management software provider Gnosis Freight announced it has accepted a strategic capital investment from Vista Equity Partners.

Freight forwarder and logistics provider Seko Logistics announced it has entered an agreement to recapitalize.

Saia announced plans to open three more terminals in September, which is part of a larger plan to open 18 to 21 this year.

Susquehanna Financial Group analyst Bascome Majors cut his earnings forecasts for less-than-truckload carriers following a soft August.

Sam Stockdale, head of sustainability at Link Logistics, discusses operational sustainability in warehousing at FreightWaves’ Net-Zero Carbon Summit on Wednesday.

Canadian supply chain SaaS provider Descartes acquired MyCarrierPortal, which provides brokers and shippers with carrier onboarding and risk monitoring tools.

RXO announced Monday that it has completed the acquisition of freight broker Coyote Logistics.

Cass Information Systems’ August update shows a freight market that is still awaiting a recovery.

A Delaware bankruptcy judge said Friday that Yellow is on the hook for withdrawal liabilities but that the amounts will be capped.

Radiant Logistics said some customers have moved freight deliveries up to avoid a potential dockworker strike or a possible change to U.S. trade policy.

Executives at some of the nation’s top truckload carriers say it’s still too soon to know when the market will turn.

UPS said Tuesday it was buying two Germany-based cold chain logistics operators to add to its sprawling health care logistics footprint.

Shortly after testifying about the days leading up to Yellow’s 2023 bankruptcy, its former head, Darren Hawkins, has taken on a new role leading the North American Chassis Pool Cooperative.

Radiant Logistics has acquired oil and gas transportation and logistics specialist Foundation Logistics & Services.

Supply chain SaaS company Descartes reported record quarterly results for the period ended July 31.

Some less-than-truckload carriers reported weaker tonnage trends in August but continued to capture increases in yields.

Teamsters union leader Sean O’Brien will have to appear at an in-person deposition that could determine the fate of up to $244 million in WARN Act claims against Yellow’s estate.

Less-than-truckload carrier Saia is still recording volume growth even though a year has passed since Yellow Corp. closed and the comparisons have gotten tougher.

A soft macroeconomic environment has resulted in lighter shipments for ArcBest and a delay in the company’s freight swap.

A shareholder-backed bankruptcy plan for Yellow Corp. would satisfy all allowed unsecured claims and leave shareholders with a real estate investment trust to manage the remaining properties.

The August Logistics Managers’ Index showed transportation capacity increased notably while pricing growth slowed.

Nikola Corp. announced that it has hired ousted Forward Air CEO Tom Schmitt to lead its commercial efforts.

Newly-formed Jack Cooper LTL is rumored to be in talks to purchase less-than-truckload carrier Standard Forwarding.

AFS Logistics tapped Andy Dyer as its next CEO but made no mention of the departure of its former leader.

Yellow Corp., which is close to submitting a final Chapter 11 plan, can retain real estate broker CBRE to sell its remaining terminals, a Delaware bankruptcy court said Friday.

Less-than-truckload carrier Estes said Thursday it has closed on seven additional terminals that were being leased by bankrupt Yellow Corp.

Radiant Logistics announced it won a five-year contract to be a prime contractor for the U.S. Agency for International Development.

Kenan Advantage Group has acquired Louisiana-based tanker trucking company TransVac for an undisclosed sum.

Activist investor Ancora has called on Forward Air’s board to consider a sale of the company and to begin engaging with potential buyers.

Activist investor Clearlake Capital holds a 13.8% equity position in Forward Air and signaled it may look to make changes at the company.

XPO is reportedly again in talks to divest its European transportation business as it seeks to focus solely on its North American less-than-truckload operations.

Data from Cass Information Systems showed year-over-year declines in volumes and costs slowed in July.

Inc. 5000’s list of fastest-growing private companies includes 166 transportation and logistics companies.

Less-than-truckload carrier Saia is adding six locations acquired from Yellow Corp. in Montana, South Dakota and Wyoming in August.

Creditors to Yellow’s estate say professional fees are racking up while its advisers delay a realistic Chapter 11 plan in hopes of producing an unlikely recovery for shareholders.

Republican lawmakers are leaning on the Department of Justice to provide an update on an investigation into more than 60 multiemployer pension plans that were overpaid from a government bailout package.

Forward Air said Wednesday it will continue to focus on integration and revenue opportunities following a messy merger with Omni Logistics.

J.B. Hunt and autonomous truck maker Kodiak Robotics have executed more than 50,000 accident-free miles on a long-haul lane between Bridgestone facilities.

Less-than-truckload provider Roadrunner said Wednesday it will now serve locations in western Canada.

Global warehouse operator Prologis announced its Mexican affiliate has acquired a 77% equity stake in Fibra Terrafina.

Yellow’s non-pension-affiliated creditors as well as its shareholders may soon know the fate of their stake in the defunct less-than-truckload carrier’s estate.

The July Logistics Managers’ Index points to a freight market recovery, a Tuesday report showed.

ArcBest misses second-quarter expectations as losses at its asset-light business continue.

ArcBest reported second-quarter results on Friday, which came in light of analysts’ expectations.

Temperature-controlled real estate investment trust Lineage Inc. announced it will give $100 million in equity awards to its workforce.

Less-than-truckload carrier XPO bested second-quarter expectations on Thursday as tonnage and yields continued to move higher.

Less-than-truckload carrier XPO beat second-quarter expectations as tonnage and yield increases were complemented by effective cost management.

Freight broker Landstar System shared some signs of market stabilization with analysts on a Tuesday call but said it’s still too soon to say the market has turned.

Broker Landstar System beat second-quarter estimates Tuesday as the period ended a two-year streak of sequential revenue declines.

Knight-Swift announced its third less-than-truckload acquisition on Tuesday, purchasing Los Angeles-based Dependable Highway Express for an undisclosed sum.

Love’s said Monday it has acquired the U.S. transportation factoring portfolio from REV Capital.

Growth-related costs and a less favorable freight profile led to Saia’s second-quarter results coming up short of expectations.

A first look at less-than-truckload carrier Saia’s second-quarter earnings report.

Cold storage real estate investment trust Lineage Inc. announced that its initial public offering priced near the high end of the range and will include at least 10 million more shares than expected.

Truckload carrier Pam Transportation Services lost money again in the second quarter but said it saw signs of an improving freight market as the quarter closed.

Knight-Swift Transportation said the trough of the freight cycle has likely passed and that it is now focused on growing its less-than-truckload business.

Old Dominion Freight Line beat second-quarter expectations Wednesday as it continues to ready its network for an improving freight economy where it plans to win market share.

Truckload carrier Heartland Express reported another quarterly net loss on Tuesday and said improvement in the freight market will not likely occur until 2025.

Less-than-truckload carrier Saia announced two new terminal openings on Monday and said it will now open 18 to 21 terminals this year versus a prior expectation of 16.

ABF Freight head Seth Runser has been named president of ArcBest. He will be succeeded by the less-than-truckload carrier’s engineering vice president, Matt Godfrey.

Logistics warehouse operator Prologis said uncertainty around interest rates and the political landscape should be resolved in the coming months, clearing a path for a more constructive 2025.

Western Express shared some of its safety strategies at FreightWaves’ Enterprise Fleet Summit on Wednesday.

Logistics real estate landlord Prologis noted “subdued” but “improving” demand in its second-quarter report issued Wednesday.

Less-than-truckload carrier XPO said it has expanded its cross-border service with the launch of XPO Mexico+.

J.B. Hunt missed second-quarter expectations Tuesday as soft freight demand and costs associated with carrying the capacity needed to meet future demand weighed on the period.

J.B. Hunt missed second-quarter expectations as volumes remained weak across all modes, expenses remained elevated and intermodal yields declined.

Real estate investment trust Lineage announced the pricing of its initial public offering on Tuesday.

Freight shipments and expenditures remained depressed in June, Monday data from Cass Information Systems showed.

Ryder System said Monday it will acquire mobile maintenance and repair services provider Pit Stop Fleet Service.

Forward Air said Wednesday that interim Chief Financial Officer Jamie Pierson will assume that role on a permanent basis and that it has added James Faught as chief accounting officer.

The June Logistics Managers’ Index captures no growth in transportation capacity for the first time since March 2022.

Forward Air’s review of the first quarter shows the company has a little more breathing room to upcoming debt covenants.

Temperature-controlled facility operator Lineage plans a public listing on the Nasdaq.

Less-than-truckload carrier Saia continues to open terminals acquired from bankrupt Yellow Corp.

TFI International has acquired food-grade tank hauler Entreposage Marco for an undisclosed sum.

Forward Air confirms it has implemented workforce reductions and other restructuring initiatives.

Shipments and cost data for May show no letup in the freight downcycle.

C.H. Robinson has joined the TriumphPay Network, a freight payments platform connecting brokers, shippers and carriers.

Truckload carrier Werner Enterprises’ CEO noted some reasons for optimism at an investor conference.

Descartes has completed its third acquisition of the year, acquiring BoxTop Technologies for $13 million.

ArcBest’s efforts to improve freight mix are producing big swings in its operating metrics, a May update revealed.

Less-than-truckload carrier XPO reported a modest increase in volumes during May, but yields took a notable step higher.

Old Dominion’s volume metrics continue to lag peers, largely by design.

Former FreightWaves analyst turned hedge fund manager Seth Holm shared his outlook for transportation stocks at Future of Supply Chain on Wednesday.

Forward Air’s shareholders approved the conversion of Omni’s nonvoting shares to voting common stock, giving the group 35% control of the combined entity.

Transfix is selling its brokerage business to supply chain services provider NFI.

Broker FLS Transportation announced it has acquired Anderson Transportation and Logistics, which brings flatbed brokerage expertise to the platform.

Radiant Logistics has acquired Cascade Transportation, a provider of time-critical domestic and international transportation services.

FreightWaves SONAR and Cass Information Systems announced on Tuesday a channel and integration partnership on supply chain intelligence.

Supply chain managers indicated higher transportation pricing in May but also noted that capacity continues to grow.